About: http://data.cimple.eu/news-article/a50af32c99ec32b01aac759577b8714aae6f2742f84f3909ae0732d7

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About: http://data.cimple.eu/news-article/a50af32c99ec32b01aac759577b8714aae6f2742f84f3909ae0732d7 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Brazilian stocks plunged more than 10 percent Wednesday on fears about the economic impact of the coronavirus pandemic, leading the Sao Paulo stock exchange to suspend trading for the second time this week. The 10.1 percent drop in the Ibovespa index triggered automatic circuit breakers that interrupt trading for 30 minutes in such cases, the stock exchange said in a statement. That came two days after a "Black Monday" crash led to the same measure. That day, the index closed 12.7 percent down, its worst day since 1998. Oil and airline stocks were again hit especially hard, as the virus disrupted both industries. Shares in state-run oil company Petrobras were trading down more than 12 percent, after losing 30 percent Monday. Airlines Azul and Gol were down more than 21 percent and 19 percent, respectively. The Ibovespa index had regained 7.14 percent Tuesday, but the latest losses erased that and then some. Brazil, Latin America's largest economy, cut its 2020 economic growth forecast Wednesday to 2.1 percent over the coronavirus pandemic, saying the fallout would likely shave 0.3 percentage points -- and maybe more -- off the figure this year. Brazil has 37 confirmed cases of the new coronavirus. It has not reported any deaths so far. But the economy is being hit hard because of Brazil's close ties with China, its largest trading partner and the main destination for its key commodity exports. bur-jhb/ec
schema:headline	Brazil stocks take new plunge on virus fears
schema:mentions	Latin America Azul Brazilian Airlines Interrupt São Paulo Commodity Black people Petrobras Pandemic Virus Brazil China Severe acute respiratory syndrome coronavirus 2 Índice Bovespa EC (programming language)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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